French oil major Total boosted its profitability in the fourth quarter and for the full year last year and indicated it is planning to invest US $20 Billion this year.
Nailsea near Bristol in the UK is the venue today for the opening of a new state of the art hyperbaric testing chamber aimed at the deepwater energy market.
The Norwegian yard group Ulstein has signed a contract with Eidesvik Offshore for the construction of an offshore IMR/ construction vessel for an undisclosed sum. The vessel is of Ulstein SX148 design and is set for delivery at the end of 2012. After delivery it will commence a contract for Statoil.
ESL Shipping Ltd has decided to modernise its fleet of pusher barges in the summer of 2011 and will continue its long term cooperation with the Finnish steel manufacturer Rautaruukki. The shipping company has signed a new, long-term contract with Rautaruukki Corporation about shipments of raw materi
Wärtsilä Corporation Changes in management 10 February 2011 at 9.30 a.m. EET Wärtsilä’s Board of Directors has appointed Mr Björn Rosengren M.Sc. (Tech.), born 1959, as the new President and CEO of Wärtsilä Corporation. He will assume the position on 1 September 2011, succeeding Mr Ole Johansson, wh
MAN Diesel & Turbo has signed a cooperation agreement with Swedish energy and environmental technology company, Opcon. The agreement aims to exploit the possibilities arising from the merging of Opcon’s ‘Powerbox’ waste-heat-recovery (WHR) technology with MAN Diesel & Turbo’s market-leading diesel e
Quadrant Engineering Plastic Products have been chosen as the supplier of the cable sheaves to IHC Engineering Business, for the tower on the Saipem J-LAY vessel. Quadrant’s engineers have worked closely with EB’s design team, producing detailed calculations to prove the sheaves’ capabilities in a v
The Pipeline Technology Conference (ptc), part of the HANNOVER MESSE trade fair, was set up in 2006 and has greatly gained in popularity ove… [mappress] Source: Pipeline Technology Conference, February 11, 2011;
Mackay’s iconic breakwater is likely to be closed for the rest of the year as a safety audit and looming upgrade makes a 2011 reopening … By Melissa Grant (dailymercury) [mappress] Source: dailymercury, February 11, 2011;
On Monday, February 14, 2011 FarSounder is releasing SonaSoft™ version 2.3; a powerful upgrade to the software which powers all FS-3 series sonars. This upgrade includes significant processing, user interface, and display improvements. Major upgrade features include: • Improved In-Water Target Detec
Offshore oil companies are grounding helicopter flights over rough seas off Newfoundland as recommended by the Transportation Safety Board… By Montreal Gazzete [mappress] Source:Montreal Gazzete, February 11, 2011;
After the debacle of GDF-Suez and Dutch firm ‘4Gas’ LNG supply deal, the PPP-led government is all set to float tenders for multibillion dol… (nation) [mappress] Source: nation, February 11, 2011;
There have been some very interesting developments in the Oil and Gas Industry in recent months not least the demand to improve the quality, integrity and compliance of nut supplies. Beck Prosper Ltd (BPL) has been serving the petrochemical and energy industries as a high integrity bolting manufactu
Prime Minister Manmohan Singh dedicated the country’s first International Container Transshipment Terminal at Vallarpadam Island near … (economictimes) [mappress] Source: economictimes, February 11, 2011;